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Leases | 12 Months Ended
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Mar. 31, 2022
Presentation Of Leases For Lessee [Abstract] |
Leases |
3 7) | LEASES
Leases as lessee The Group leases property taken for offices. The lease typically runs for a period of 1-12 years. Some leases also include common area maintenance charges along with monthly rentals. Information about leases for which the Group is a lessee is presented below: i) Right-of-use assets The Group presents right-of-use assets that do not meet the definition of investment property in 'property, plant and equipment', the same line item as it presents underlying assets of the same nature that it owns (refer note 18).
|  | As at March 31 |
|  | 2021 |  |  | 2022 |
Opening balance |  |  | 23,330 |  |  |  | 14,038 |
Additions to right-of-use assets |  |  | 1,275 |  |  |  | 1,891 |
Derecognition of right-of-use assets |  |  | (6,625 | ) |  |  | (876 | )
Depreciation charged during the year |  |  | (4,333 | ) |  |  | (3,064 | )
Effect of movements in foreign exchange rates |  |  | 391 |  |  |  | (371 | )
Closing Balance |  |  | 14,038 |  |  |  | 11,618 |
ii) Amounts recognised in consolidated statement of profit or loss and other comprehensive income
|  | For the year ended March 31 |
|  | 2020 |  |  | 2021 |  |  | 2022 |
Interest on lease liabilities (refer note 16) |  |  | 2,731 |  |  |  | 1,867 |  |  |  | 1,569 |
Depreciation on right-of-use assets (refer note 18) |  |  | 5,284 |  |  |  | 4,333 |  |  |  | 3,064 |
iii) Amounts recognised in statement of cash flows
|  | For the year ended March 31 |
|  | 2020 |  |  | 2021 |  |  | 2022 |
Total cash outflows for leases (principal + interest) |  |  | 6,212 |  |  |  | 3,912 |  |  |  | 3,340 |
iv) Extension option Some property leases contain extension options exercisable by the Group for 3-5 years after the end of the non-cancellable contract period. Where practicable, the Group seeks to include extension options in new leases to provide operational flexibility. The extension options held are exercisable only by the Group and not by the lessors. The Group assesses at lease commencement date whether it is reasonably certain to exercise the extension options. The Group reassesses whether it is reasonably certain to exercise the options if there is a significant event or significant changes in circumstances within its control. Impact of COVID-19 pandemic The Group had adopted amendment in IFRS 16 related to COVID- 19 – Related Rent Concession which provide lessees with an exemption from assessing whether a COVID-19 -related rent concession is a lease modification. It requires lessees that apply the exemption to account for COVID-19 -related rent concessions as if they were not lease modifications. Lessees need to disclose that fact and need to apply the exemption retrospectively in accordance with IAS 8, but they do not require to restate prior period numbers. The practical expedient is available only for lease payments originally due up to June 2022 , the Group has applied this practical expedient to all those rent concessions that meet the conditions prescribed in the said amendment. Accordingly, the Group has reversed lease liabilities with a corresponding recognition of income in the Consolidated Statement of Profit or Loss and Other Comprehensive Income of USD 240 for the year ended March 31, 2022 (March 31, 2021: USD 911).

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- Definition The entire disclosure for leases. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2021-01-01 -Section Presentation -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IFRS16_g47-50_TI -URIDate 2021-03-24 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2021-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IFRS16_g51-60_TI -URIDate 2021-03-24 + Details
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